Montenegro GDP Annual Growth Rate 2001-2014 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Montenegro expanded 0.30 percent in the second quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Montenegro averaged 2.19 Percent from 2001 until 2014, reaching an all time high of 10.70 Percent in the fourth quarter of 2007 and a record low of -5.70 Percent in the fourth quarter of 2009. GDP Annual Growth Rate in Montenegro is reported by the Statistical Office of Montenegro.

   
 
 

Montenegro GDP Annual Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.30 1.50 10.70 -5.70 2001 - 2014 Percent Quarterly
As Montenegro formally declared its independence in 2006, it is still in a state of economic transition. Tourism is the fastest growing sector of the economy (12.4 percent a year) and accounted for around 10 percent of GDP in 2011. Mining and manufacturing are also essential, with emphasis on the exports of refined metals. Montenegro does not have its own currency and uses Euro as legal tender. This page provides - Montenegro GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Montenegro GDP Annual Growth Rate - was last refreshed on Thursday, October 23, 2014.

Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-09-25 10:45 AM Montenegro
GDP Growth Rate YoY
Q2 2013 3.4% 1.1% (R) 5.99%
2013-12-27 10:30 AM Montenegro
GDP Growth Rate YoY
Q3 2013 4.0% 3.4% 4.49%
2014-06-27 11:00 AM Montenegro
GDP Growth Rate YoY
Q1 2014 1.7% 4.7% 6.41%
2014-09-25 09:55 AM Montenegro
GDP Growth Rate YoY
Q2 2014 0.3% 1.5% (R) 6.99%
2014-12-26 10:00 AM Montenegro
GDP Growth Rate YoY
Q3 2014 0.3% 0.62%


Montenegro GDP Last Previous Highest Lowest Unit
GDP 4.43 4.05 4.54 0.98 USD Billion [+]
GDP Annual Growth Rate 0.30 1.50 10.70 -5.70 Percent [+]
GDP Constant Prices 3516.00 3335.90 3516.00 1065.70 EUR Million [+]
GDP per capita 4700.55 4543.80 4700.55 3117.37 USD [+]
GDP per capita PPP 14242.25 13767.32 14242.25 9445.35 USD [+]